kaal:claim:2998033-024

Even though crypto investments can be as volatile as or more volatile than traditional investments, digital currencies may still serve as a hedge against traditional investments because they are not tied to equity market movements.

Source quote, verbatim

Although crypto investments can to be just as and more volatile than traditional investments, digital currencies might be used to hedge against traditional investments.

From

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), IV.1. Diversification, p. 22
https://ssrn.com/abstract=2998033 · source PDF

Cite as

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

Holds when

holds to the extent crypto returns are uncorrelated with traditional stock and equity markets

Classification

mechanismsupport: arguedsystemic-risk

Related claims

restated_by kaal:claim:3409548-029 Digital currencies can serve as a hedge against traditional investments even though crypto investments can be ...

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